IGM Biosciences (IGMS)

P/B ratio as of November 2024 : 4.91

According to IGM Biosciences's latest financial reports the company has a price-to-book ratio of 206.317.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

IGM Biosciences - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.39	-5.85%
2022-12-31	2.54	-34.84%
2021-12-31	3.89	-47.36%
2020-12-31	7.39	52.68%
2019-12-31	4.84
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
ORIC Pharmaceuticals ORIC	2.06	-58.02%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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IGM Biosciences (IGMS) - P/B ratio